New Crowdfunding Watchdog In Massachusetts Brenda Hamilton Submitted 2014-01-05 18:24:36 Consumer watchdogs and the Securities and Exchange Commission (“SEC”) as well are aware that certain provisions of the new Rule 506 created in connection with the JOBS Act could encourage fraud if not effectively policed Anthony Morrow Jersey , resulting in significant losses for non-accredited investors who choose to participate in 506 offerings.

These provisions include those making advertising and general solicitation permissible, and those allowing “crowdfunding” initiatives.

Crowdfunding is a relatively new word used to describe fundraising efforts to which large numbers of people contribute relatively small sums of money. It’s been succes